Whether we enter community colleges or Ivy League school, college tuition still is very expensive. The student might always end up graduating with a large amount of loan debt. For this situation the government proposed Pell Grant. Pell Grant helping the student with the college cost to decrease the student debt. Who qualify is definitely based on needs, student who cannot afford the education.
Here are the qualifying requirements to receive the Pell Grant
* U.S. citizen
* Have a high school diploma or GED
* Be enrolled in fulltime studies at an accredited post-secondary institution
* Be able to demonstrate financial need
However this grant is not applicable for those who had a bachelor degree except the one that is in graduate program. Since this grant is based on financial so the people to receive this grant should fit the government standard of needs. The student should fit the government standard income and assets if the student is independent or the parent’s income and assets if the student is dependent. Furthermore, it also have to fit the house hold size and the number of family members attending post-secondary institutions criteria.
All amount of individual grant is varying depends on the student’s expected family contribution (EFC); the cost of tuition; and the student’s enrollment status (part-time or full-time studies). The highest amount ever given was $5,350, but it will increase throughout the years.
You will received mail if ever you are accepted to receive Pell Grant saying that you money is on the way. It can be by sent through students account or by check. This grant will be given twice in the academic year. Furthermore the student may not have this program more than once in the same year and may not have multiple schools.
To apply for this grant just visit your high school office or fill the form online and submitted at least a year before the your intended school year.
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